Today, Unrivaled presented by Samsung Galaxy announced the successful closure of its oversubscribed Series B investment round led by Bessemer Venture Partners. Notable investors joining the round include Serena Ventures, with Warner Bros. Discovery and Alex Morgan’s Trybe Ventures building on their previous support. This latest infusion of capital values Unrivaled at $340 million, a historic milestone for a young league and a testament to its bold vision, strong performance, and growing market momentum from its inaugural season.
Founded in 2023, Unrivaled was created to empower athletes as real stakeholders whose voices and ownership influence the platform’s direction and capitalize on its performance. The league offers the highest average salary in professional women’s sports history, with a player-first compensation model that includes equity stakes for athletes from the inaugural season. With the league’s rising valuation, players continue to benefit directly from its growth and success.
“We’re aligning with partners who elevate our league and accelerate strategic growth,” said Unrivaled President Alex Bazzell. “Bessemer’s leadership, combined with our investor group’s collective influence, amplifies our mission and pushes the industry forward. This valuation reflects investor confidence and proves that athlete-driven models can thrive at the highest levels.”
Additional Series B investors include NBA All-Star Trae Young, University of Maryland President Darryll J. Pines and Sylvia Pines, award-winning sports executive Sam Rapoport, Orlando Magic forwards Franz Wagner and Moritz Wagner, and Next Legacy Partners.
Caty Rea, Vice President at Bessemer Venture Partners, said, “Unrivaled is building the next great sports league. Its rapid growth, strong unit economics, athlete advocacy, and fan engagement impressed us. We are thrilled to partner and take the league to the next level.”
This funding builds on prior investments from sports and entertainment icons including Giannis Antetokounmpo, Carmelo Anthony, Stephen Curry, Billie Jean King, Michael and Nicole Phelps, and Ashton Kutcher.
Unrivaled’s second season tips off in January 2026. For more information and updates, visit unrivaled.basketball and follow @UnrivaledBasketball.